Chicago Partners Investment Group LLC Sells 11,533 Shares of iShares MSCI USA Quality Factor ETF (BATS:QUAL)

Chicago Partners Investment Group LLC cut its holdings in shares of iShares MSCI USA Quality Factor ETF (BATS:QUAL) by 46.6% during the third quarter, Holdings Channel reports. The fund owned 13,207 shares of the company’s stock after selling 11,533 shares during the quarter. Chicago Partners Investment Group LLC’s holdings in iShares MSCI USA Quality Factor ETF were worth $2,375,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other large investors have also added to or reduced their stakes in the business. Envestnet Asset Management Inc. lifted its position in iShares MSCI USA Quality Factor ETF by 3.7% during the second quarter. Envestnet Asset Management Inc. now owns 28,038,014 shares of the company’s stock worth $4,787,771,000 after acquiring an additional 999,735 shares during the last quarter. Cetera Investment Advisers lifted its holdings in iShares MSCI USA Quality Factor ETF by 141.3% during the 1st quarter. Cetera Investment Advisers now owns 1,677,664 shares of the company’s stock worth $275,724,000 after purchasing an additional 982,323 shares during the last quarter. Ameriprise Financial Inc. boosted its stake in iShares MSCI USA Quality Factor ETF by 21.9% in the 2nd quarter. Ameriprise Financial Inc. now owns 4,808,994 shares of the company’s stock valued at $821,412,000 after purchasing an additional 863,219 shares during the period. LPL Financial LLC grew its holdings in iShares MSCI USA Quality Factor ETF by 5.6% in the 2nd quarter. LPL Financial LLC now owns 13,774,967 shares of the company’s stock valued at $2,352,213,000 after buying an additional 727,760 shares in the last quarter. Finally, Liberty Wealth Management LLC increased its position in iShares MSCI USA Quality Factor ETF by 738.8% during the 2nd quarter. Liberty Wealth Management LLC now owns 779,144 shares of the company’s stock worth $133,047,000 after buying an additional 686,255 shares during the period.

iShares MSCI USA Quality Factor ETF Stock Performance

QUAL opened at $177.09 on Friday. The stock has a fifty day moving average of $178.18 and a 200-day moving average of $171.44. The company has a market capitalization of $46.73 billion, a P/E ratio of 23.03 and a beta of 1.03. iShares MSCI USA Quality Factor ETF has a fifty-two week low of $71.96 and a fifty-two week high of $88.63.

iShares MSCI USA Quality Factor ETF Profile

The iShares MSCI USA Quality Factor ETF (QUAL) is an exchange-traded fund that is based on the MSCI USA Sector Neutral Quality index. The fund tracks an index of US large- and mid-cap stocks, selected and weighted by high ROE, stable earnings growth and low debt\u002Fequity, relative to peers in each sector.